What’s Happening Right Now
Axie Infinity’s token (AXS) is hovering around $1.1362, up a modest 0.47% over the last 24 hours. It’s not exactly lighting the world on fire, but it’s holding steady while bigger names like Bitcoin grab most of the attention and capital. The price has been stuck in a narrow range—buyers can’t quite push it past $1.14, and sellers keep defending the $1.10 floor.
On the fundamental side, the team has made some meaningful changes. The switch from tradable in-game rewards to non-transferable bAXS is meant to cut down on bot farming and reduce constant selling pressure. Other tokenomics tweaks and gameplay improvements have rolled out too. Still, the market hasn’t really reacted yet. Some analysts think a recovery is brewing, but most expect more sideways action until something bigger happens—whether that’s a product launch, a major partnership, or just a broader market rally.
Reading the Charts
Let’s break down what the technicals are telling us. Daily pivot points put resistance at around $1.163, then $1.185, and up to roughly $1.22 if things really heat up. On the flip side, support sits at $1.105, $1.069, and $1.047. Right now, AXS is wedged between the daily pivot near $1.127 and that first resistance at $1.163—making $1.163 the key level bulls need to crack.
On the 4-hour chart, AXS recently crossed above both its simple moving average (around $1.1113) and exponential moving average (near $1.1191). That’s a decent short-term signal—it means buyers are stepping up at these levels. These moving averages now act as support, which is encouraging. But there’s still resistance overhead where the price keeps bumping its head.
Momentum indicators are giving mixed signals. The 4-hour RSI is sitting at 56.35—neutral territory with a slight bullish tilt. That means there’s room to climb before things get overbought. The MACD just crossed positive on the 4-hour, showing a bit of upward momentum building. But zoom out to the daily or weekly, and the bigger picture still leans bearish unless we see a confirmed breakout.
What to Watch in the Coming Days
The 4-hour timeframe is where the action is right now. If AXS can break and hold above $1.14 with solid volume, the next stop is probably $1.16 to $1.17. Lose support below $1.11, though, and we’re likely headed back to test $1.10 or even $1.05.
Daily momentum is still sluggish. The RSI on longer timeframes isn’t exactly screaming “buy,” and the price is still below several important long-term moving averages that have acted as resistance. For the trend to truly flip bullish for medium-term holders, AXS needs to clear those levels and hold them.
Where AXS Could Go From Here
The Bullish Scenario: If AXS pushes through $1.14 with conviction and rising volume, the next targets are $1.16 to $1.18. Hold that, and we could see a run toward $1.20 to $1.22. Break above $1.22, and things get interesting—though that’s also where risk starts ramping up fast.
The Bearish Scenario: If support around $1.11 and $1.127 gives way, expect a drop toward $1.05 to $1.06. If bearish momentum picks up—maybe from a broader market selloff or bad news—we could see AXS test the $0.95 to $1.00 range. That’s not what anyone wants, but it’s a real possibility if sentiment sours.
Bottom Line: AXS is at a crossroads. The short-term setup looks cautiously optimistic if resistance near $1.14 breaks. But without a strong catalyst—whether it’s user growth tied to bAXS, a new game mode, or a shift in the broader crypto market—there’s not much fuel to drive a sustained rally. Keep an eye on volume, moving averages on the daily chart, and any news about player engagement or product launches. Those are the things that will determine whether AXS finally breaks out or keeps drifting sideways.
